https://www.scmp.com/rss/507613/feed Jacqueline Hui is an assistant researcher at Our Hong Kong Foundation. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com The Hong Kong government told lawmakers last month that the latest estimate for building artificial islands off Lantau had risen to HK$580 billion (US$74 billion), up from HK$500 billion. Society remains divided over the project, and it is hard to draw a definite conclusion about whether it would really be worth the huge cost. In a bid to assess the benefits more accurately, it could help to assess three major questions raised by the public about the proposal. First, is reclamation necessary?... https://www.scmp.com/comment/opinion/hong-kong/article/3208205/hk580-billion-cost-creating-artificial-islands-lantau-worth-it?utm_source=rss_feed https://www.scmp.com/comment/opinion/hong-kong/article/3208205/hk580-billion-cost-creating-artificial-islands-lantau-worth-it?utm_source=rss_feed Mon, 30 Jan 2023 00:15:09 +0000 The Airport Authority announced the completion of tarmac works on the third runway at Hong Kong International Airport last month. This large-scale reclamation project involved 650 hectares of land but only took five years, highlighting the efficiency of reclamation as a land development option. Not only does the three-runway system strengthen Hong Kong’s status as a leading aviation hub, it has also boosted the Lantau Tomorrow Vision, which has been criticised over the large scale of... https://www.scmp.com/comment/opinion/article/3153616/how-hong-kongs-third-runway-reclamation-success-can-aid-citys?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3153616/how-hong-kongs-third-runway-reclamation-success-can-aid-citys?utm_source=rss_feed Tue, 26 Oct 2021 22:45:12 +0000 Although Chief Executive Carrie Lam Cheng Yuet-ngor’s policy address has been postponed, discussions on how to increase Hong Kong’s land supply remain a hot topic, particularly on the Lantau Tomorrow Vision project. Given the concern over the project’s financial sustainability, it is important to analyse different development options. One may ask whether the Lantau Tomorrow Vision is necessary. We believe it is. The project is crucial to resolving Hong Kong’s land shortage. If factors including... https://www.scmp.com/comment/opinion/article/3106668/six-ways-hong-kong-can-finance-crucial-lantau-tomorrow-vision?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3106668/six-ways-hong-kong-can-finance-crucial-lantau-tomorrow-vision?utm_source=rss_feed Sun, 25 Oct 2020 01:30:08 +0000